The Fair Share Report

4 Pine Ct

Bedminster, NJ 07921

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $419,103

Likely range $382,704 – $449,102, from 12 comparable Bedminster sales in the past 18 months, at this home's 1,000 sq ft.

Step 2 · The Director's Ratio

99.24%

The state's official measure of how far Bedminster assessments sit below market value — republished every October, applied town-wide. A $419,103 home should be assessed near $415,918.

Step 3 · Assessed value

$351,700

Set at the last town-wide revaluation and mostly frozen since. That's $64,218 below what the ratio math suggests (15.4%).

Step 4 · The tax rate — same for every Bedminster home

$1.204 per $100 assessed

$0.618 Schools · 51% $0.301 County · 25% $0.285 Town · 24%

This home's own bill implies $1.123 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,950/yr
Public schools$2,028
Somerset County$988
Town of Bedminster$935
Bedminster average$6,840

This home vs. every recent Bedminster sale · assessed ÷ market

Town median 92.2%
This home · 83.9%

73%107%

Paying about right

This home's ratio lands inside Bedminster's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
25 ACADEMY COURT2026-03$360,0001,00699.0%
25 ACADEMY COURT2025-01$300,0001,006118.8%
1 DANBURY COURT2026-06$385,0001,00694.7%
36 ENCAMPMENT DRIVE2026-01$391,0001,00691.1%
19 PHEASANT BROOK COURT2025-06$450,0001,00297.8%
29 WOOD DUCK POND ROAD2025-01$485,0001,00295.5%
20 CRESTMONT ROAD2026-06$418,0001,02284.7%
25 CRESTMONT ROAD2026-03$475,0001,02687.2%
31 BENTLEY COURT2025-01$430,0001,026100.7%
5 BENTLEY COURT2025-01$445,0001,02697.3%
18 WENTWORTH ROAD2025-04$380,00097794.2%
33 FOXWOOD COURT2026-06$420,00094392.2%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →